Yogesh Mehta, Chairman of the Team Group, has announced his purchase of a majority shareholding in Quality Moving Management, Inc (QMM) headquartered in Vancouver BC, Canada.
The purchase, which includes management shareholders Tim Nager, Scott Shaw and Roy Phelps, all long-standing members of QMM’s senior management team, was completed on Friday 12 September, 2014.
QMM is the largest Allied Van Lines franchise in Canada, and Western Canada’s leading asset-based corporate moving specialist with major operations located in Vancouver, Calgary and Edmonton, and has enjoyed a highly successful 18-year period of growth since its inception in 1996 under founder Kevin St. George.
“I am extremely excited to have been able to bring QMM into the Team family, and I see this as a significant step in both organisations’ development, specifically in respect of supporting our clients’ requirements in Canada,” said Yogesh.
Tim Nager, President and Chief Operating Officer, confirmed that “It will be business as usual” following the successful conclusion of negotiations.
Photo: Yogesh Mehta